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Illustration Property Market

SUQIAN, CHINA - MARCH 6, 2025 - An illustration photo shows rising property market activity in Suqian, Jiangsu province, China, March 6, 2025.

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Illustration Property Market

SUQIAN, CHINA - MARCH 6, 2025 - An illustration photo shows rising property market activity in Suqian, Jiangsu province, China, March 6, 2025.

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Illustration Property Market

SUQIAN, CHINA - MARCH 6, 2025 - An illustration photo shows rising property market activity in Suqian, Jiangsu province, China, March 6, 2025.

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Illustration Property Market

SUQIAN, CHINA - MARCH 6, 2025 - An illustration photo shows rising property market activity in Suqian, Jiangsu province, China, March 6, 2025.

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Investment conference attendees express confidence in Chinese market

STORY: Investment conference attendees express confidence in Chinese market SHOOTING TIME: April 9, 2024 DATELINE: April 13, 2024 LENGTH: 0:01:47 LOCATION: GUANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of the 10th Guangzhou Annual Investment Conference China 2. SOUNDBITE 1 (English): FREDERICO FREIRE JARDIM, Asia President of Kraft Heinz 3. SOUNDBITE 2 (English): RUPERT HOOGEWERF, Chairman and Chief Researcher of Hurun Report STORYLINE: The 10th Guangzhou Annual Investment Conference China, which took place earlier this week at the Canton Fair Convention Center in Guangzhou, south China's Guangdong Province, attracted over 1,000 representatives from 18 countries and regions. This event, as a warm-up activity for the upcoming Canton Fair, reflected foreign investors' confidence in further revving up investment in the Chinese market. SOUNDBITE 1 (English): FREDERICO FREIRE JARDIM, Asia President of Kraft Heinz "China is definitely one of our top priorities in terms of growth for Kraft Heinz globa

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Millaisia vaikutuksia kireänä jatkuvalla pakkasella on eri puolilla Suomea?

People at the Market Square in freezing temperature in Central Helsinki, Finland on 3rd January, 2024. Finland is experiencing cold weather with -40c degrees in the North Finland and capital Helsinki with -15c degrees. LEHTIKUVA / ANTTI AIMO-KOIVISTO - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Antti Aimo-Koivisto/Lehtikuva/Kyodo News Images)

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Millaisia vaikutuksia kireänä jatkuvalla pakkasella on eri puolilla Suomea?

People at the Market Square in freezing temperature in Central Helsinki, Finland on 3rd January, 2024. Finland is experiencing cold weather with -40c degrees in the North Finland and capital Helsinki with -15c degrees. LEHTIKUVA / ANTTI AIMO-KOIVISTO - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Antti Aimo-Koivisto/Lehtikuva/Kyodo News Images)

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U.S. Fed leaves interest rates unchanged as inflation cools, signaling end to rate hiking cycle

STORY: U.S. Fed leaves interest rates unchanged as inflation cools, signaling end to rate hiking cycle SHOOTING TIME: Dec. 13, 2023 DATELINE: Dec. 14, 2023 LENGTH: 0:00:36 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as inflation continued to cool, signaling an end to its rate hiking cycle and possible rate cuts next year. "Recent indicators suggest that growth of economic activity has slowed from its strong pace in the third quarter," the Federal Open Market Committee (FOMC) said in a statement after concluding a two-day policy meeting, the last in 2023. "Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated," the committee said. The central bank noted that tighter financial and credit conditions for households and

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Workforce shortage jeopardizing Australian infrastructure projects: report

STORY: Workforce shortage jeopardizing Australian infrastructure projects: report SHOOTING TIME: Dec. 12, 2023 DATELINE: Dec. 14, 2023 LENGTH: 00:00:57 LOCATION: Canberra CATEGORY: SOCIETY SHOTLIST: 1. various of construction sites STORYLINE: Major Australian infrastructure projects are under threat from massive workforce shortages, a government report has warned. Infrastructure Australia on Tuesday published its annual market capacity report, revealing a shortfall of 229,000 public infrastructure workers. According to the report, the shortfall - as well as a shortage of construction materials - is jeopardizing infrastructure projects worth 230 billion Australian dollars (151 billion U.S. dollars) over the next five years, Australia's green energy transition, and a government plan to build 1.2 million new homes. "With so much construction activity underway, the industry is finding it increasingly difficult to source key building materials and workers - particularly engineers, skilled trades a

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CHINA-GUANGDONG-SHENZHEN-CHILD-FRIENDLY CITY (CN)

(231119) -- SHENZHEN, Nov. 19, 2023 (Xinhua) -- This photo taken on Nov. 19, 2023 shows a children's public benifit market in Shangwei Village of Longhua District in Shenzhen, south China's Guangdong Province. Shenzhen launched China's first guidelines for building a child-friendly city eight years ago. Since then the city has been rolling out a spate of measures spearheading the construction towards this aim. Statistics shows that by October of 2023, 452 city-level child-friendly bases and over 1,260 children's parks of various categories have been set up to gradually improve children's activity space and educational facilities in Shenzhen. In the meantime, 580 children's deliberation organizations, 761 children's homes at different communities and more than 1, 270 nurseries have emerged to enrich children's life and bring convenience for children's travelling. The word "child-friendly" in Shenzhen has been successfully transferred from a mere concept to the whole city's consensus and collective actio

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U.S. Fed leaves interest rates unchanged amid surging Treasury yields

STORY: U.S. Fed leaves interest rates unchanged amid surging Treasury yields SHOOTING TIME: Nov. 1, 2023 DATELINE: Nov. 2, 2023 LENGTH: 00:01:14 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. various of speech by Fed Chairman Jerome Powell STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 percent, as yields on long-term U.S. Treasury bonds have spiked in recent months. "Recent indicators suggest that economic activity expanded at a strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation remains elevated," the Federal Open Market Committee (FOMC) said in a statement after concluding a two-day policy meeting. Wednesday's decision comes as the 10-year Treasury yield has risen swiftly, by nearly one percentage point, since Fed officials last raised rates in July, recently hitting 5 percent for the first ti

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U.S.-LAS VEGAS-TRADE FAIR-DECOUPLING

(230825) -- LAS VEGAS, Aug. 25, 2023 (Xinhua) -- People negotiate at a booth during the Las Vegas ASD Market Week in Las Vegas, the United States, Aug. 20, 2023. The number of exhibitors at the Las Vegas ASD Market Week is similar to that of the past, but many wholesalers attending the trade show said they feel depressed and helpless as traffic flow and transaction activity have dropped significantly this year. TO GO WITH "Roundup: U.S. wholesalers say decoupling damages business deeply" (Xinhua/Huang Heng)

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U.S.-LAS VEGAS-TRADE FAIR-DECOUPLING

(230825) -- LAS VEGAS, Aug. 25, 2023 (Xinhua) -- This photo taken on Aug. 20, 2023 shows a scene of the Las Vegas ASD Market Week in Las Vegas, the United States. The number of exhibitors at the Las Vegas ASD Market Week is similar to that of the past, but many wholesalers attending the trade show said they feel depressed and helpless as traffic flow and transaction activity have dropped significantly this year. TO GO WITH "Roundup: U.S. wholesalers say decoupling damages business deeply" (Xinhua/Huang Heng)

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U.S.-LAS VEGAS-TRADE FAIR-DECOUPLING

(230825) -- LAS VEGAS, Aug. 25, 2023 (Xinhua) -- This photo taken on Aug. 21, 2023 shows a booth of a luggage company during the Las Vegas ASD Market Week in Las Vegas, the United States. The number of exhibitors at the Las Vegas ASD Market Week is similar to that of the past, but many wholesalers attending the trade show said they feel depressed and helpless as traffic flow and transaction activity have dropped significantly this year. TO GO WITH "Roundup: U.S. wholesalers say decoupling damages business deeply" (Xinhua/Huang Heng)

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U.S. Fed hikes interest rates by 25 basis points

STORY: U.S. Fed hikes interest rates by 25 basis points DATELINE: July 27, 2023 LENGTH: 00:01:31 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. various of exterior of the U.S. Federal Reserve STORYLINE: The U.S. Federal Reserve on Wednesday raised its benchmark interest rates by 25 basis points to the range of 5.25 to 5.5 percent, the highest level in over two decades, as it continues to ramp up its fight against inflation. It is the 11th interest rate increase since the Fed began its aggressive rate hiking campaign in March 2022, taking the federal funds rate to its highest level since early 2001. "Recent indicators suggest that economic activity has been expanding at a moderate pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated," the Federal Open Market Committee (FOMC), the Fed's policy-setting body, said in a statement on Wednesday afternoon, after a two-day policy meeting. The FOMC "s

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British firms committed to Chinese market: business leader

STORY: British firms committed to Chinese market: business leader DATELINE: July 23, 2023 LENGTH: 00:01:08 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (English): ANDREW SEATON, Chief executive at the China-Britain Business Council (CBBC) 2. various of China and the UK STORYLINE: A British business leader has said British companies have a "very strong sense of commitment" to the Chinese market. Andrew Seaton, chief executive of the China-Britain Business Council (CBBC) made the statement during an event held in London on Tuesday to promote investment in Shanghai. SOUNDBITE (English): ANDREW SEATON, Chief executive of the China-Britain Business Council (CBBC) "I thought that there was a very, very strong sense of economic recovery with a lot of activity on the street. Businesses were very positive about their business recovering and so on. Talking to British companies on the ground, whether in Beijing or Shanghai or Guangzhou, a very strong sense of commitment to the Chinese market, commitmen

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Goat market in Indian capital thrives as Eid al-Adha approaches

STORY: Goat market in Indian capital thrives as Eid al-Adha approaches DATELINE: June 26, 2023 LENGTH: 00:01:43 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India gate 2. various of the goat market 3. various of goats 4. SOUNDBITE (Hindi): GULAFSHA, Local resident STORYLINE: In anticipation of the upcoming religious festival Eid al-Adha, the goat market in the Indian capital is witnessing a significant surge in activity. Eid al-Adha will be celebrated on June 29 this year. The Jama Masjid's goat market in Old Delhi showcases a wide variety of goats and fat-tailed sheep. Prices range from 20,000 Indian rupees (244 U.S. dollars) to 800,000 Indian rupees (9,758 U.S. dollars), depending on the breed and quality. As the demand for sacrificial goats rises before Eid al-Adha, customers are facing difficulties due to soaring prices. SOUNDBITE (Hindi): GULAFSHA, Local resident "Earlier, I used to buy four goats, but now I am hesitating to purchase even one due to the high prices. Currently

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India's central bank says 2022-23 GDP growth may surpass estimated 7 pct

STORY: India's central bank says 2022-23 GDP growth may surpass estimated 7 pct DATELINE: May 25, 2023 LENGTH: 00:01:36 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of government building 3. various of agriculture 4. various of market area 5. various of traffic STORYLINE: Governor of the Reserve Bank of India Shaktikanta Das said Wednesday the country's gross domestic product (GDP) growth in the financial year 2022-23 could be more than the estimated 7 percent. Data will come at the end of this month, and all the economic indicators in the fourth quarter of the last financial year show that economic activity sustained momentum, Das said while speaking at the annual session of the Confederation of Indian Industry in New Delhi. Last month, the Reserve Bank of India said the real GDP growth for 2023-24 is projected at 6.5 percent with Q1 at 7.8 percent, Q2 at 6.2 percent, Q3 at 6.1 percent and Q4 at 5.9 percent. "We derive confidence at this point of time fro

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Argentina's central bank hikes benchmark interest rate to 97 pct

STORY: Argentina's central bank hikes benchmark interest rate to 97 pct DATELINE: May 16, 2023 LENGTH: 0:01:57 LOCATION: Buenos Aires CATEGORY: ECONOMY SHOTLIST: 1. various of street views and markets STORYLINE: The Argentine central bank on Monday again raised the benchmark interest rate by 600 basis points, pushing the rate from 91 percent to 97 percent annually. The decision aims to promote "positive real returns on investments in local currency" and "prevent financial volatility from acting as a driver of inflation expectations," the bank said in a press release. In April, monthly inflation rose 8.4 percent compared to March, according to the bank. The decision complements a package of economic measures the government announced over the weekend to reduce inflation, stabilize the exchange rate and guarantee consistent levels of economic activity. "The central bank will continue to monitor the evolution of the general level of prices, the dynamics of the financial market, and exchange rat

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Malaysia's economy expands 5.6 pct in Q1 on steady domestic demand

STORY: Malaysia's economy expands 5.6 pct in Q1 on steady domestic demand DATELINE: May 13, 2023 LENGTH: 00:03:41 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Kuala Lumpur Twin Towers and city street views 2. various of tourists at Saloma Bridge, Kuala Lumpur 3. various of Malacca City 4. various of Langkawi Island 5. various of beaches in Malaysia 6. various of Kuantan Port STORYLINE: The Malaysian economy expanded 5.6 percent year on year in the first quarter, driven mainly by domestic demand, official data showed Friday. The Malaysian Central Bank said in a statement that further improvement in the labor market, with strong growth in employment and continued expansion in wages, have supported private consumption spending. Meanwhile, investment activity was underpinned by capacity expansion and continued implementation of multi-year projects. Inbound tourism continued to recover, lifting services exports and partially offsetting the slower goods export growth. On the supply side,

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CHINA-SHANGHAI-FOOD MARKETS-READING SPACE (CN)

(230423) -- SHANGHAI, April 23, 2023 (Xinhua) -- Children take part in a World Reading Day activity at a food market in Shanghai, east China, April 22, 2023. In 2010, the library of Shanghai Hongkou District provided about 600 books for migrant workers for free in Fuci food market in Jiangwanzhen Subdistrict. This was the first "food market reading space" in the district. Up to now, thirteen food markets in 8 subdistricts of Hongkou District have set up such reading spaces, where stall owners and other workers can take a break by reading and enjoying cultural activities. (Xinhua/Wang Xiang)

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CHINA-SHANGHAI-FOOD MARKETS-READING SPACE (CN)

(230423) -- SHANGHAI, April 23, 2023 (Xinhua) -- Children take part in a World Reading Day activity at a food market in Shanghai, east China, April 22, 2023. In 2010, the library of Shanghai Hongkou District provided about 600 books for migrant workers for free in Fuci food market in Jiangwanzhen Subdistrict. This was the first "food market reading space" in the district. Up to now, thirteen food markets in 8 subdistricts of Hongkou District have set up such reading spaces, where stall owners and other workers can take a break by reading and enjoying cultural activities. (Xinhua/Wang Xiang)

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Coffee brands seek cooperation at China's Hainan expo

STORY: Coffee brands seek cooperation at China's Hainan expo DATELINE: April 14, 2023 LENGTH: 00:01:52 LOCATION: HAIKOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of Hainan expo 2. various of coffee products 3. various of coffee-themed activities at the expo 4. SOUNDBITE (Chinese): CUI YUJUN, Manager, Illycaffe Shanghai Co., Ltd. 5. various of Illycaffe's activity 6. various of cafe of China Post at the expo 7. SOUNDBITE (Chinese): LIU XIALING, Vice general manager of Customer Marketing Center, Hainan Company, China Post 8. various of China Post's products 9. various of Kapal Api's products 10. SOUNDBITE (Chinese): JIANG JIAWEN, Director of Chinese Marketing Development, Kapal Api 11. various of Kapal Api 12. various of coffee beans STORYLINE: At the China International Consumer Products Expo in Hainan, coffee brands from various parts of the world have caught much attention. Italian coffee giant Illycaffe aims to expand its market share in China, which in the first half of 2022 increased 16% year on y

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Lebanese celebrate Ramadan amid dire economic conditions

STORY: Lebanese celebrate Ramadan amid dire economic conditions DATELINE: April 1, 2023 LENGTH: 00:02:49 LOCATION: Beirut CATEGORY: SOCIETY SHOTLIST: 1. various of gatherings in Sidon 2. SOUNDBITE 1 (Arabic): ABDEL RAHMAN BADIH, Kiosk owner 3. SOUNDBITE 2 (Arabic): ABDEL RAHMAN BADIH, Kiosk owner STORYLINE: Hundreds of Lebanese attend the daily gatherings in an old market in Sidon, a city in southern Lebanon, to celebrate the holy month of Ramadan. However, the financial crisis in the country has forced people to cut down their spending and focus on basic needs. Abdel Rahman Badih, the owner of a kiosk of Katayef, a popular Arabic sweet, said business has not been going well since the crisis, stating that low salaries of citizens impacted their purchasing power. SOUNDBITE 1 (Arabic): ABDEL RAHMAN BADIH, Kiosk owner "There are no foreigners like before, and no activity like before. You can see, there is only 25 percent of the activity witnessed in the past, the 75 percent is gone. See the difference? Bec

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New Zealand GDP down 0.6 pct in Q4

STORY: New Zealand GDP down 0.6 pct in Q4 DATELINE: March 17, 2023 LENGTH: 00:02:05 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of traffic, office buildings, companies, manufacturing and products in market in New Zealand STORYLINE: New Zealand's gross domestic product (GDP) fell 0.6 percent in the December 2022 quarter, following a 1.7 percent rise in the previous quarter, according to quarterly figures released by the statistics department Stats NZ on Thursday. Nine of 16 industries experienced a decrease in activity compared with the September 2022 quarter, Stats NZ said. Manufacturing was the biggest driver of the decrease, down 1.9 percent, it said. "A fall in transport equipment, machinery, and equipment manufacturing corresponded to lower investment in plant, machinery and equipment, while reduced output in food, beverage and tobacco manufacturing was reflected in a drop in dairy and meat exports," Stats NZ national accounts industry and production senior manager Ruvani Ratnayak

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Malaysia's property transactions value rises to 40 bln USD last year

STORY: Malaysia's property transactions value rises to 40 bln USD last year DATELINE: March 16, 2023 LENGTH: 00:04:04 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of buildings in Malaysia 2. various of construction workers working at the site STORYLINE: Malaysia's property transactions value rose 23.6 percent year-on-year to 179.07 billion ringgit (40 billion U.S. dollars) in 2022, the National Property Information Center (NAPIC) said on Wednesday. According to NAPIC, more than 389,000 property transactions were recorded last year, up 29.5 percent year-on-year. The residential sub-sector led the overall property market activity, with a 62.5 percent contribution in volume. There were 243,190 transactions worth 94.28 billion ringgit recorded in the review period, increasing by 22.3 percent in volume and 22.6 percent in value year-on-year. The commercial property segment recorded 32,809 transactions worth 32.61 billion ringgit in 2022, increasing by 46.3 percent in volume and 16.7 percent

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First Republic Bank shares plunge amid fear of systemic contagion after SVB's failure

STORY: First Republic Bank shares plunge amid fear of systemic contagion after SVB's failure DATELINE: March 14, 2023 LENGTH: 00:02:06 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of a First Republic Bank branch in Manhattan, New York 2. various of the exterior of New York Stock Exchange STORYLINE: Shares of First Republic Bank fell more than 65 percent in early trading on Monday morning, causing trades of the company to be halted due to volatility. The volatility came just days after a stock market selloff that triggered the failure of Silicon Valley Bank (SVB), as the concern of systemic contagion spread among the tech industry broadly. That implies investor discomfort with the financial institution despite government activity over the weekend to solve the SVB crisis and potential cascading effects, according to a report by the online newspaper TechCrunch. Since the failure of SVB, it appears that many public-market investors want out of smaller banks, despite the Federal Deposit In

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China still a very attractive investment destination: economic report

STORY: China still a very attractive investment destination: economic report DATELINE: March 1, 2023 LENGTH: 00:02:18 LOCATION: GUANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of American Chamber of Commerce in South China's activity 2. SOUNDBITE (English): HARLEY SEYEDIN, President of AmCham South China 3. various of China STORYLINE: According to a report released Monday by the American Chamber of Commerce in South China (AmCham South China), China is still considered one of the most attractive destinations for investment with more companies planning to reinvest in China this year. SOUNDBITE (English): HARLEY SEYEDIN, President of AmCham South China "The reality is that our companies are doing very well in China. Our study today will show that 90 percent of our companies remain profitable. Our companies are, actually in a very large number, very optimistic towards the future development of China. And therefore, we are very excited about the future. China's consumer market is growing very rapidly,

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Türkiye's central bank cuts policy rate by 50 bps

STORY: Türkiye's central bank cuts policy rate by 50 bps DATELINE: Feb. 24, 2023 LENGTH: 00:01:47 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Türkiye's central bank 2. various of people in the market 3. aerial views of earthquakes in Turkey STORYLINE: Türkiye's central bank delivered an interest rate cut Thursday from 9 percent to 8.5 percent amid high inflation and in the aftermath of a devastating earthquake. "It has become even more important to keep financial conditions supportive to preserve the growth momentum in industrial production and the positive trend in employment after the earthquake," the bank said in a statement. The current monetary policy stance after the measured reduction is adequate to support the necessary recovery in the aftermath of the earthquake by maintaining price stability and financial stability, said the statement. While the earthquake is expected to affect economic activity in the near term, it is anticipated that it will not have a permanent impact on the

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Resumption of China's outbound travel to boost Malaysia's GDP: economists

STORY: Resumption of China's outbound travel to boost Malaysia's GDP: economists DATELINE: Feb. 5, 2023 LENGTH: 0:01:35 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Kuala Lumpur streets 2. various of Kuala Lumpur airport 3. various of Chinese tourists in Thailand 4. various of Kuala Lumpur streets 5. various of Chinese tourists in Thailand STORYLINE: The effect of stronger tourism activity due to the resumption of China's outbound travel could boost Malaysia's gross domestic product (GDP) by at least 1 percentage point. The remark was made by UOB Global Economics & Market Research on Friday. According to the research house's economists, the boost will further support their baseline GDP growth forecast for Malaysia of 4 percent for 2023. The economists said the global tourism sector is expected to make a big leap forward this year as China has eased domestic restrictions since Jan. 8 this year. They highlighted that more than 32 million Chinese travelers visited Southeast Asia before

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Mexico's economy grows 3 pct in 2022: report

STORY: Mexico's economy grows 3 pct in 2022: report DATELINE: Feb. 1, 2023 LENGTH: 00:01:31 LOCATION: Mexico City CATEGORY: ECONOMY SHOTLIST: 1. various of Mexico City STORYLINE: The Mexican economy expanded by 3 percent in 2022, thanks to its three major productive sectors, the National Institute of Statistics and Geography said in a preliminary report Tuesday. The figure represented a deceleration compared to the 4.7-percent growth in 2021. By sector, industrial activity grew by 3.2 percent in 2022, followed by 3 percent in the agricultural sector, and 2.7 percent in the service sector which has the highest GDP contribution, according to the statistics agency. In a separate report, Alfredo Coutino, head of Latin America economic research at Moody's Analytics, said Mexico continued to benefit from exports to the U.S. market, as well as income from tourism and remittances, which reached an all-time high last year. However, the outlook for 2023 faces significant issues such as an economic sl

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New Zealand business sentiment worst since 1961: survey

STORY: New Zealand business sentiment worst since 1961: survey DATELINE: Jan. 20, 2023 LENGTH: 00:02:05 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of traffic, office buildings, companies, manufacturing and products in market in New Zealand STORYLINE: New Zealand companies have shown "the weakest" confidence since 1961 as they prepare for tough times ahead due to deteriorating labor shortage and hiking interest rates. The latest New Zealand Institute of Economic Research (NZIER) Quarterly Survey of Business Opinion, which was published on Tuesday, showed a deterioration in business sentiment and activity. A net 73 percent of businesses expect general economic conditions to deteriorate over the coming months, the weakest over the survey's history, according to the survey conducted from Nov. 28, 2022 to Jan. 9, 2023. The survey reflected the effects of the more stringent monetary policy in November when the Reserve Bank of New Zealand indicated that it would take interest rates higher than

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A visit to night market in Dai-style ancient town in Yunnan, China

STORY: A visit to night market in Dai-style ancient town in Yunnan, China DATELINE: Sept. 17, 2022 LENGTH: 00:01:57 LOCATION: MANGSHI, China CATEGORY: ECONOMY SHOTLIST: 1. various of the ancient town STORYLINE: Late into the night, the night market in an ancient town in the city of Mangshi under Dehong Dai and Jingpo Autonomous Prefecture, southwest China's Yunnan Province, is bustling with activity. Residents in Mangshi are mainly of Dai and Jingpo ethnic groups. The food and dance performances in the Dai-style town attract local residents and tourists. Official data show that the town attracts 1,500 to 2,000 visits every day on working days and about 5,000 visits every day during the weekends. Xinhua News Agency correspondents reporting from Mangshi, China. (XHTV)

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U.S. Fed raises rates by another three-quarter point amid persistent inflation

STORY: U.S. Fed raises rates by another three-quarter point amid persistent inflation DATELINE: July 28, 2022 LENGTH: 00:01:47 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of Jerome Powell addressing the press 2. various of exterior of U.S. Federal Reserve STORYLINE: The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, the second in a row of that magnitude, as elevated inflation showed no clear sign of easing. The Fed said in a statement after a two-day policy meeting that "Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures," adding that the central bank is "highly attentive to inflation risks." The Fed said that "The war (in Ukraine) and related events are creating additional upward pressure on inflation and are weighing on global economic activity." The Federal Open Market Committee (FOMC), the Fed's policy-making body, decided to rai

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Night market brings vitality to economy in Nanning, China

STORY: Night market brings vitality to economy in Nanning, China DATELINE: June 27, 2022 LENGTH: 00:01:05 LOCATION: NANNING, China CATEGORY: ECONOMY SHOTLIST: various of the night marketSOUNDBITE 1 (Chinese): SUN YI, VendorSOUNDBITE 2 (Chinese): LIN WENXING, VendorSOUNDBITE 3 (Chinese): SUN YI, Vendor STORYLINE: Late into the night, as has become a common sight in Nanning, capital of south China's Guangxi Zhuang Autonomous Region, a night market near a subway station is bustling with activity. Here, one can find all kinds of local specialties, clothes and creative products, creating a new landmark of night economy. SOUNDBITE 1 (Chinese): SUN YI, Vendor "We found the market one day when we came here to buy fruits. It quickly expanded." SOUNDBITE 2 (Chinese): LIN WENXING, Vendor "We are a group of car lovers. We usually hang out at night. We drive here to sell lemonade, so that we can earn some money." SOUNDBITE 3 (Chinese): SUN YI, Vendor "The business atmosphere here is pretty good. The neighboring ve

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U.S.-WASHINGTON, D.C.-ECONOMY-SURVEY

(220421) -- WASHINGTON, April 21, 2022 (Xinhua) -- People walk past the U.S. Federal Reserve in Washington, D.C., the United States, April 20, 2022. U.S. economic activity expanded at a moderate pace since mid-February amid elevated inflation, tight labor market and continued supply chain bottlenecks, the Federal Reserve said on Wednesday. TO GO WITH "Supply chain backlogs, labor market tightness, elevated input costs continue to pose challenges: U.S. Fed survey" (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-SURVEY

(220421) -- WASHINGTON, April 21, 2022 (Xinhua) -- Photo taken on April 20, 2022 shows the U.S. Federal Reserve in Washington, D.C., the United States. U.S. economic activity expanded at a moderate pace since mid-February amid elevated inflation, tight labor market and continued supply chain bottlenecks, the Federal Reserve said on Wednesday. TO GO WITH "Supply chain backlogs, labor market tightness, elevated input costs continue to pose challenges: U.S. Fed survey" (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-SURVEY

(220421) -- WASHINGTON, April 21, 2022 (Xinhua) -- Photo taken on April 20, 2022 shows the U.S. Federal Reserve in Washington, D.C., the United States. U.S. economic activity expanded at a moderate pace since mid-February amid elevated inflation, tight labor market and continued supply chain bottlenecks, the Federal Reserve said on Wednesday. TO GO WITH "Supply chain backlogs, labor market tightness, elevated input costs continue to pose challenges: U.S. Fed survey" (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-SURVEY

(220421) -- WASHINGTON, April 21, 2022 (Xinhua) -- Photo taken on April 20, 2022 shows the U.S. Federal Reserve in Washington, D.C., the United States. U.S. economic activity expanded at a moderate pace since mid-February amid elevated inflation, tight labor market and continued supply chain bottlenecks, the Federal Reserve said on Wednesday. TO GO WITH "Supply chain backlogs, labor market tightness, elevated input costs continue to pose challenges: U.S. Fed survey" (Xinhua/Liu Jie)

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Int'l Women's Day celebrated around the world

STORY: Int'l Women's Day celebrated around the world DATELINE: March 9, 2022 LENGTH: 00:02:21 LOCATION: Lviv/Kabul/Athens CATEGORY: SOCIETY SHOTLIST: 1.various of flower market in Ukraine 2.STANDUP (English): CHEN WENXIAN, Xinhua correspondent 3.SOUNDBITE 1 (English): MAKSYM MAKSYMOV, Lviv resident 4.various of International Women's Day activity in Afghanistan 5.SOUNDBITE 2 (Dari): JAMILA SAFI, Executive director of Afghan Women's Peace and Freedom Organization 6.various of International Women's Day activity in Afghanistan 7.various of Greek alpinist Christina Flampouri 8.SOUNDBITE 3 (Greek): CHRISTINA FLAMPOURI, Greek alpinist STORYLINE: Though the ongoing conflict in Ukraine is having a great impact on local people's life, many of them still chose to stop by flower shops on the occasion of the International Women's Day to buy gifts for their family members, hoping that peace will soon return to their country. STANDUP (English): CHEN WENXIAN, Xinhua correspondent "I'm in the city center of Lviv. Behind

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Wearable activity-tracker market bracing for keen competition

A customer checks out wearable activity-tracking products at an electrics shop in Tokyo on Jan. 22, 2015. Fitbit Inc. of the United States, a major player in the market for such wearable devices, is set to enter the Japanese market bracing for increased competition. (Kyodo) ==Kyodo

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Wearable activity-tracker market bracing for keen competition

Fitbit Inc. of the United States unveils a plan in Tokyo on Jan. 22, 2015, to put on sale in Japan this spring a wristband tracking daily activities and calories consumed, dubbed "Fitbit Charge." The burgeoning market for such wearable devices is poised for keen completion. (Kyodo) ==Kyodo

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Shop Hudysport with outdoor and sports equipment, sales assistant, customer, face mask

Reopening of shops with indoor area of up to 2,500 square metres with separate entrance that are not part of shopping malls, fitness centres and driving schools, libraries, outdoor areas of zoos and botanical gardens; public masses, other religious ceremonies attended by 15 or less persons can take place. Pictured Shop Hudysport with outdoor and sports equipment in Hrensko, Czech Republic, April 27, 2020. (CTK Photo/Vojtech Hajek)

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Shop Hudysport with outdoor and sports equipment, sales assistant, customer, face mask

Reopening of shops with indoor area of up to 2,500 square metres with separate entrance that are not part of shopping malls, fitness centres and driving schools, libraries, outdoor areas of zoos and botanical gardens; public masses, other religious ceremonies attended by 15 or less persons can take place. Pictured Shop Hudysport with outdoor and sports equipment in Hrensko, Czech Republic, April 27, 2020. (CTK Photo/Vojtech Hajek)

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Shop Hudysport with outdoor and sports equipment, sales assistant, customer, face mask

Reopening of shops with indoor area of up to 2,500 square metres with separate entrance that are not part of shopping malls, fitness centres and driving schools, libraries, outdoor areas of zoos and botanical gardens; public masses, other religious ceremonies attended by 15 or less persons can take place. Pictured Shop Hudysport with outdoor and sports equipment in Hrensko, Czech Republic, April 27, 2020. (CTK Photo/Vojtech Hajek)

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Shop Hudysport with outdoor and sports equipment, sales assistant, customer, face mask

Reopening of shops with indoor area of up to 2,500 square metres with separate entrance that are not part of shopping malls, fitness centres and driving schools, libraries, outdoor areas of zoos and botanical gardens; public masses, other religious ceremonies attended by 15 or less persons can take place. Pictured Shop Hudysport with outdoor and sports equipment in Hrensko, Czech Republic, April 27, 2020. (CTK Photo/Vojtech Hajek)

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Shop Hudysport with outdoor and sports equipment, sales assistant, customer, face mask

Reopening of shops with indoor area of up to 2,500 square metres with separate entrance that are not part of shopping malls, fitness centres and driving schools, libraries, outdoor areas of zoos and botanical gardens; public masses, other religious ceremonies attended by 15 or less persons can take place. Pictured Shop Hudysport with outdoor and sports equipment in Hrensko, Czech Republic, April 27, 2020. (CTK Photo/Vojtech Hajek)

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Shop Hudysport with outdoor and sports equipment, sales assistant, customer, face mask

Reopening of shops with indoor area of up to 2,500 square metres with separate entrance that are not part of shopping malls, fitness centres and driving schools, libraries, outdoor areas of zoos and botanical gardens; public masses, other religious ceremonies attended by 15 or less persons can take place. Pictured Shop Hudysport with outdoor and sports equipment in Hrensko, Czech Republic, April 27, 2020. (CTK Photo/Vojtech Hajek)

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Shop Hudysport with outdoor and sports equipment, sales assistant, customer, face mask

Reopening of shops with indoor area of up to 2,500 square metres with separate entrance that are not part of shopping malls, fitness centres and driving schools, libraries, outdoor areas of zoos and botanical gardens; public masses, other religious ceremonies attended by 15 or less persons can take place. Pictured Shop Hudysport with outdoor and sports equipment in Hrensko, Czech Republic, April 27, 2020. (CTK Photo/Vojtech Hajek)

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Shop Hudysport with outdoor and sports equipment, sales assistant, customer, face mask

Reopening of shops with indoor area of up to 2,500 square metres with separate entrance that are not part of shopping malls, fitness centres and driving schools, libraries, outdoor areas of zoos and botanical gardens; public masses, other religious ceremonies attended by 15 or less persons can take place. Pictured Shop Hudysport with outdoor and sports equipment in Hrensko, Czech Republic, April 27, 2020. (CTK Photo/Vojtech Hajek)